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NASDAQ:SOUN charts & data provided by TradingView

Latest Insights on SOUN

The Nasdaq just hit an all-time high. Why not the Dow or the S&P 500? Why isn’t Wall Street’s old guard leading this Fed-fueled rally? The Future Is Now: Nasdaq Necks New Highs
by Joseph Hargett June 4, 2020 Great Stuff
Why the Nasdaq? Something astounding happened today, dear reader. The Nasdaq Composite just broke out to fresh all-time highs. You’re probably questioning why any part of the market is hitting all-time highs when weekly jobless claims and total unemployment figures still come in worse than expected. Or, for that matter, why stocks are rallying at […]
Consumer spending crashes, China-U.S. clashes, Canopy cannabis collapses … Welcome to a typical market Friday in 2020. Canopy’s Cash Crash; Cyber Contract; Costco Cleans Up
by Joseph Hargett May 29, 2020 Great Stuff
Friday Four Play: The “Roof Is on Fire” Edition If you had the “riots and looting” square on your Revelations bingo card … today’s your day. Go ahead and cover that square up. It’s been that kind of year, you know. And if you’re still worried about covering up that “World War III” square … […]
Wall Street thinks that stocks, like Sneetches, are all the same right now. But what happens when the unlimited stimulus rug is pulled out from under you? S&P Sneetches Say Stocks Shift the Same
by Joseph Hargett May 28, 2020 Great Stuff
Star-Belly Sneetches Today, we’re taking a trip back to childhood to discuss a famous Dr. Seuss story: The Sneetches. (Actually, we’re talking about the correlation of S&P 500 stocks … but you’ll see where I’m going with this shortly.) You see, Star-Belly Sneetches have stars on their bellies and Plain-Belly Sneetches have none. Then Sylvester […]
Avoid These 2 Sick Stocks — Look at This Healthy One Instead
by Charles Mizrahi May 28, 2020 2020 Financial Crisis, American Investor Today, Stocks
(8-minute video) Is the stock market going to soar higher or fall back down to test the lows? Charles Mizrahi, frankly, doesn’t give a damn. He won’t waste time trying to figure out the direction of the market during the short term. Instead he focuses on sound businesses trading at bargain prices.
This certainly doesn’t look like a “12% away from all-time highs” market or economy to me. Does it to you? Dow 25,000? Get Real; Robinhood’s Most Wanted … Is Carnival?
by Joseph Hargett May 27, 2020 Great Stuff
Enema of the State I’m in a mood today, dear reader, so let this be a warning that a rant is incoming. First, let’s start out with today’s astonishing development that sparked this Great Stuff mood. The Dow Jones Industrial Average topped 25,000 today — the culmination of a 35% rush off its March lows. […]

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